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Forex Trend Analysis Report

Prepared for you on Tuesday, February 4, 2025.

British Pound/Mauritius Rupee (FOREX:GBPMUR)

Crossroads (+60) - GBPMUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid GBPMUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPMUR
Open High Low GBPMUR Price Change
58.418434 58.677442 58.290734 58.643163 +0.224729
Entry Signal

MarketClub’s Trade Triangles for GBPMUR

long term down The long-term trend has been DOWN since Nov 19th, 2024 at 58.665241

intermediate term up The intermediate-term trend has been UP since Feb 2nd, 2025 at 58.129799

short term up The short-term trend has been UP since Jan 31st, 2025 at 57.879969

Smart Scan Analysis for GBPMUR

Based on our trend formula, GBPMUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for GBPMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
58.418434 58.677442 58.290734 58.643163 +0.224729
Prev. Close Volume Bid Ask Time
58.418434 2025-02-04 20:42:22
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